Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
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Turkey mulls addressing licensing and taxation in new crypto rule
Bora Erdamar from the BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse. 184 Total views 2 Total shares Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “grey list” of the Financial Action Task
Analyst Is ‘Surprised’ There Hasn’t Been a Large-Scale Attack on Bitcoin Cash Yet
A cryptocurrency analyst recently said that he is surprised that Bitcoin Cash did not yet fall victim to an attack, given the fall in its hashrate. 773 Total views 11 Total shares Yassine Elmandjra, a crypto asset analyst at ARK Invest, said in a May 24 tweet that the Bitcoin Cash (BCH) hashrate fell by…
Bank of England thinks digital pound can co-exist with private stablecoins
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins. 75 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a…
Indian crypto users suspect Flipkart’s Bitcoin announcement is an April Fools joke
True or not, the timing of the announcement is suspect given many companies' apparent fondness for pranking customers on April 1. 3445 Total views 15 Total shares Flipkart, India's largest e-commerce company by sales, has said it will be accepting Bitcoin payments in what many suspect is an April Fools’ Day prank.In an announcement on…
New Linux Malware Mines Crypto While Remaining Undetectable
Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden.On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they found new Linux malware. According to the analysts, this malware is particularly notable because of the way it…
‘Bitcoin Fixes This’ — Thousands of Fake Gold Bars Dilute Market Supply
Bitcoin’s (BTC) utility over gold has returned to the spotlight after news emerged of thousands of fakes infiltrating the precious metals market.Thousands more fake gold bars could remain undetectedAs Reuters reported on Aug. 28, the gold industry is currently facing a major forgery problem, with fake kilogram bars found in the vaults of major banks…
Are noncustodial crypto wallets a practical option for the everyday hodler?
As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is storing cryptocurrency in a personal wallet. Crypto wallets are programs that allow users to store, send and receive cryptocurrency. Each wallet has a private key that allows the wallet to be…
Should Bitcoin traders be worried about lower highs ever since $12K?
The previous months have given incredible volatility across the boards, including Bitcoin (BTC). However, in recent weeks, the volatility drastically decreased to a state of boredom.The overall momentum and bullishness have left the crypto markets only to be replaced by range-bound sideways movements. In other words, very boring. However, what is the crucial Bitcoin price level…